Skadden, Arps, and Hughes Hubbard & Reed are advising Grab Holdings Inc., Southeast Asia’s top ride-hailing, food-delivery, and digital-wallet “super app,” on its go-public merger in the U.S. with a special purpose acquisition company.
Ropes & Gray is advising the SPAC, Altimeter Growth Corp.
The deal calls for the combined company’s shares to trade on the Nasdaq exchange under the symbol “GRAB” after closing “in the coming months,” according to a statement.
The transaction is expected to be the biggest-ever U.S. equity offering by a Southeast Asian company, with an estimated $39.6 billion value.
WilmerHale is advising Altimeter Capital Management ...
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